Enterprising Investor Forum

George Soros – For the Record Tuesday, April 21, 2009

Here is a discussion with Soros on his investment fund, coming out of semi-retirement in 2007 and how he had to actively manage his investments and  shift strategies in order to come out with a profit.

Soros, who is one of the ultimate global marco investors is always worth listening to.  He is still worried about the risk of a deeper contraction if the system falls apart.

He stresses the importance of a global and co-ordinated approach to tackle this crisis. He then goes on to talk about the beginning of what he calls ‘financial protectionism’… and how it will be very important for the stronger countries to not only worry about themselves but make sure they help the weaker ones in order to guarantee the global co-ordinate approach and avoid a much deeper melt-down.

He then discusses about the outlook for Brazil, India and China where he thinks the time to invest is approaching but he is still in no hurry in looking at Russia again….

In fine, he talk about his theory of reflexivity.